The balances for the accounts of Mike's Maintenance Co$.$ for the year ended December $31$ are shown below. Each account shown had a normal balance.

Accounts payable

$$6,500$

Wages expense

$$36,000$

Accounts receivable

$7,000$

Rent expense

$6,000$

Cash

$?$

Maintenance supplies

$1,200$

Land

$50,000$

Building

$125,000$

Unearned maintenance fees

$4,000$

Supplies expense

$21,500$

Mike, Withdrawals

$48,000$

Mike Capital

$118,700$

Maintenance revenue

$175,000$

Calculate the correct balance for Cash